Word: micheles
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Dates: during 1970-1979
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...direct investment is that if the European trade deficit with Japan grows much larger, the Common Market may simply clamp on quotas or demand so-called voluntary restraints to keep Japanese goods out. Already those restrictions on Japanese products are much stricter in Europe than in the U.S. Says Michel Carré, a Brussels management consultant: "The Japanese are welcome abroad as investors, but not as pushers of Japanese goods...
Mutual irritation aside, there are some genuine conflicts between the U.S. and its European allies, foremost among them the instability of the dollar (see ECONOMY & BUSINESS) and the presence of 313,000 U.S. troops on the Continent. International Affairs Expert Michel Tatu of Le Monde recently wrote that U.S. insistence on Europe's increasing its financial support for U.S. troops stationed in Europe "makes the G.I.s in West Germany look even more like Europe's mercenaries, which is insulting to the dignity of both parties." Why should Europe not say to the U.S. President: "Admit that your troops...
Burundi's handsome Tutsi President Colonel Michel Micombero, 33, who came to power seven years ago by ousting the decadent royal clan, denies any intent to exterminate the Hutus. He likes to point out that many of them belong to his Uprona Party, and claims that much of the killing has resulted from invasion attempts by Hutus living in exile in Tanzania. Seated in the summer house of his lakeside palace while two crested cranes paced back and forth in a nearby cage, Micombero explained: "Just as in the U.S. and most other countries, it is the political majority...
...eleven inches in length, were given the run-or crawl-of two vast warehouses. The veterinarian looked in on them twice a day, the longshoremen cooled them with sprinklers, and the Dunkirk Chamber of Commerce sent them several thousand heads of lettuce. "If they were looking for lettuce," boasted Michel Duquesne, one of the suppliers, "they came to the right place. The area around Dunkirk is full of lettuce...
...French position on the Atlantic summit-which Nixon wants -softened a bit from one of "nothing doing" to "we'll see," as one Elysee spokesman put it last week. The next round of talks begins with a meeting between Kissinger and Pompidou's brusque new Foreign Minister Michel Jobert in Paris this week...